Provisions Typically Found in Exclusive Listing Agreements, Including Buyer Agency Agreements Flashcards
1
Q
Texas requires sellers to provide buyers with a _
A
Seller’s Disclosure Notice
2
Q
What does a Seller’s Disclosure Notice do?
A
Documents what the sellers know about the property’s condition. Also documents other facts about the property
3
Q
What other disclosures does Texas require for the property someone is transferring?
A
- Lead-Based Paint Disclosure
- Membership in Property Owners Association(s)
- Statutory Tax Districts
- Tide Water: Addendum for Coastal Area Property and Addendum for Property Located Seaward of the Gulf Intracoastal Waterway
- Annexation
- Property Located in a Certificated Service Area of a Utility Service Provider
- Addendum for Property in a Propane Gas System Service Area
- Public Improvement Districts
- Transfer Fees
- Seller’s Disclosure of Location of Condition under Surface of Unimproved Real Property